Global Risk and Security (GR&S) at Vanguard enables business strategy, protects client and Vanguard interests (e.g., assets and data), and stewards a strong risk culture. Our teams leverage enterprise-wide insights, deep expertise, and trusted advice so that across Vanguard leaders and crew drive faster, stronger, risk-informed decisions.
Vanguard Global Risk & Security (GR&S) is seeking a Senior Risk Director to enable Vanguard's business strategy, protect clients, crew, and assets, and steward a risk-smart culture for Vanguard's Financial Advisor Services (FAS) business. FAS provides investments, services, education, and research to financial advisors across the U.S. The Senior Risk Director will lead a small team of risk practitioners aligned to select FAS business teams, including sales, strategy, and operations functions. The person in this role will advise senior business leaders in the areas of strategic, financial, operational, reputational, and third-party risk, and provide credible challenge to them as needed.
This role reports to the FAS Chief Risk Officer.
Responsibilities:
- Engage with senior business leaders to understand their goals and identify risks to their business areas. Provide advice and guidance to business leaders to influence risk-smart decision-making.
- Provide guidance and oversight to a team of risk practitioners as they analyze risks to the business and apply risk methodology to those risks. Be accountable for the timely completion of risk projects and ensuring the work of the risk practitioners is creating the desired outcomes.
- Implement frameworks and methodologies to identify risks, analyze risks, assist the business in establishing risk appetite, and identifying appropriate controls and mitigations to manage the risk within appetite.
- Partner with other GR&S risk teams and Legal and Compliance teams to develop a comprehensive view of risk to the business. Maintain an in-depth understanding of Vanguard and the FAS business. Independently stay informed of industry trends and developments to maintain strong business- and risk-acumen. Share learnings and perspective with the risk team and business partners.
- Conduct risk meetings attended by senior business leaders and their teams.
- Coordinate the deployment of enterprise-wide risk projects within the FAS division.
- Create an inclusive and high-performing team atmosphere. Conduct regular one-on-one meetings and provide coaching, training and motivation as necessary to develop team members. Evaluate direct reports following corporate performance management procedures, including setting goals, reviewing performance, and providing feedback.
The ideal candidate excels at these top capabilities:
- A leader with high business- and risk-acumen.
- Someone who is outcome-oriented, motivated by challenging work, can operate in an environment of ambiguity, and overcome obstacles to deliver results.
- A strategic mindset, who can think creatively and use sound and mature business judgement.
- Cross functional collaborative director, comfortable influencing at all levels.
- Experience deriving data-driven insights.
- Someone motivated by Vanguard’s mission and purpose.
- Willingness to be hands on player coach, do the work themselves.
- Someone with a servant-leadership mindset and a proven track record of developing talent.
Qualifications:
- Minimum of eight years related work experience, with 5 years of experience leading risk domain (e.g., strategic, financial, operational, etc.).
- Undergraduate degree or equivalent combination of training and experience. Graduate degree preferred.
- Knowledge of risk management theories and experience in applying risk management concepts.
- Knowledge of asset management products and distribution practices.
- Experience working with cross-functional project teams, including IT or product development teams.
- Ability to communicate, influence, navigate, persuade, and build buy-in across senior leaders and internal stakeholders.
- PRMIA or CRISC certification or ability to complete one such certification within 12 months of hire.
Special Factors
Sponsorship
Vanguard is not offering visa sponsorship for this position.About Vanguard
At Vanguard, we don't just have a mission—we're on a mission.
To work for the long-term financial wellbeing of our clients. To lead through product and services that transform our clients' lives. To learn and develop our skills as individuals and as a team. From Malvern to Melbourne, our mission drives us forward and inspires us to be our best.
How We Work
Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.
Skills Required
- Minimum of eight years related work experience
- 5 years of experience leading risk domain
- Undergraduate degree or equivalent combination of training and experience
- Graduate degree preferred
- Knowledge of risk management theories and experience applying concepts
- Knowledge of asset management products and distribution practices
- Experience working with cross-functional project teams including IT or product development teams
- Ability to communicate, influence, navigate, persuade, and build buy-in across senior leaders
- PRMIA or CRISC certification or ability to complete one within 12 months
Vanguard Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Vanguard and has not been reviewed or approved by Vanguard.
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Retirement Support — Retirement support appears unusually strong through a 401(k) design that includes a match plus an additional employer contribution, which can materially lift long-term total rewards. HSA seeding and an enhanced employer match further strengthen the savings-and-benefits value of the package.
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Wellbeing & Lifestyle Benefits — Wellbeing and lifestyle support is reinforced by a sizable annual FlexFund stipend that can be applied across many day-to-day categories such as fitness, childcare, and other personal expenses. On-site or virtual clinics and fitness options add practical health and wellness convenience.
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Affordable Benefits — Healthcare and related benefits are positioned as comparatively affordable via heavily subsidized medical plans and broad coverage options. This affordability can offset moderate base pay for employees who place higher value on out-of-pocket cost reductions.
Vanguard Insights
What We Do
We are a community of 30 million who think – and feel – differently about investing. Together, we’re changing the way the world invests. Since our founding in 1975, helping our investors achieve their goals is our sole reason for existence. With no other parties to answer to and therefore no conflicting loyalties, we make every decision—like keeping investing costs as low as possible—with only your needs in mind. Vanguard is one of the world's largest investment companies, offering a large selection of high-quality low-cost mutual funds, ETFs, advice, and related services. Individual and institutional investors, financial professionals, and plan sponsors can benefit from the size, stability, and experience Vanguard offers. As of April 30, 2019, we managed more than $5.6 trillion in global assets. In addition, we have 189 funds in the United States and 225 funds in global markets. For Commenting Guidelines & Important information, visit here: http://vanguard.com/linkedin Vanguard Marketing Corporation, Distributor.
